A company recently paid a 115 dividend the dividend is, Finance Basics

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A company recently paid a 115 dividend the dividend is

Question: A company recently paid a $1.15 dividend. The dividend is expected to grow at a 16.9 percent rate. At a current stock price of $45.87, what return are shareholders expecting? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))

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Finance Basics: A company recently paid a 115 dividend the dividend is

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